Business: Earnings: Aug. 5, 1929

With the seventh month of 1929 ending, U. S. corporation reports for the
first six months last week came flocking in. The normal report showed
an increase over the first six months of 1928. Steel was the banner
industry, with almost every company reporting a peacetime record.
Strong also were the utilities. Coal, leather, shoes, machinery and
various other of the unspectacular necessities of life were weak.
Among many corporations reporting their earnings, the following were of
particular interest or importance: